ITAT Pune remands Life Eternal Trust’s 80G application, directing CIT(E) to provide one more opportunity for the trust to submit evidence of its activities.
ITAT Bangalore deletes a Section 68 addition on a trader’s demonetisation deposits, ruling that cash from business receipts cannot be taxed again after turnover is accepted.
Delhi ITAT invalidates reassessment against Sportking India, ruling that approval from a superior authority cannot replace the required statutory sanction.
The Rajasthan High Court quashed reassessment notices and orders issued by a Jurisdictional Assessing Officer, reaffirming that under the faceless regime, only a Faceless Assessing Officer holds the authority to issue such notices.
ITAT Bangalore remands case to CIT(A), directing a fresh review of tax exemption claims on compensation received under the RFCTLARR Act.
In a case against an 82-year-old retired LIC officer, the ITAT Bangalore deletes a ₹15.30 lakh addition, accepting past cash withdrawals as a valid source for demonetisation deposits.
ITAT Bangalore rules that unexplained cash deposits in a bank account cannot be taxed without verifying sources like agricultural income and small business sales, remanding the case for re-examination.
ITAT Bangalore deletes additions against Mohammed Ibrahim Mohideen, ruling that uncorroborated loose slips and statements are not sufficient evidence for assessments.
The ITAT Bangalore ruled that TDS credit cannot be denied based on a processing mismatch alone. The AO must verify the claim against Form 26AS and grant the correct credit.
The ITAT Bangalore allows a reasonable estimate for cost of improvement and remands a case to verify if two adjacent houses can be considered a single unit for a capital gains exemption.
